XRP Holds Above $1 as Key Support Battle Shapes Three Possible Price Paths

• XRP defends crucial $1 support as buyers resist deeper declines.
• Analyst Ali Martinez outlines three possible price scenarios for XRP.
• RLUSD circulation on XRP Ledger surpasses Ethereum amid Japan approval.

XRP has defended the $1 support level after a volatile trading week, keeping traders focused on what could come next. According to crypto analyst Ali Martinez, the token now faces three possible price scenarios based on key historical transaction zones and current market conditions.

The cryptocurrency briefly dropped to $1.00 on Friday before buyers stepped in and pushed the price higher. XRP later recovered above $1.06, suggesting demand remains active around one of its most important psychological support levels.

Meanwhile, broader market sentiment remained cautious after the latest U.S. Personal Consumption Expenditures index showed inflation rising to its highest level since 2023. The data reinforced expectations that the Federal Reserve could keep interest rates elevated, limiting appetite for risk assets, including cryptocurrencies.

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XRP recovery depends on holding major support zones

According to Ali Martinez, XRP’s next move largely depends on whether buyers continue defending the current support region. He noted that the rebound above $1.06 could strengthen if investors maintain buying pressure around this level, where more than 830 million XRP previously changed hands.

Besides the recovery scenario, Martinez also outlined the possibility of consolidation. In that case, XRP could trade within a narrow range as investors wait for fresh catalysts before taking larger positions. Macroeconomic developments and overall crypto market sentiment may continue influencing short-term price action.

However, Martinez warned that losing the $1 support would expose XRP to lower historical demand zones. Based on transaction data, the first major support sits near $0.80, where approximately 923 million XRP previously traded.

Additionally, another significant accumulation area appears around $0.62, supported by transaction volume exceeding 1.16 billion XRP. A deeper decline could also bring the asset toward $0.51, where more than 1.06 billion XRP changed hands during previous market activity.

RLUSD expansion adds positive ecosystem development

While traders monitored XRP’s price, Ripple’s stablecoin ecosystem recorded another notable milestone. The XRP Ledger now hosts more RLUSD than Ethereum by circulating supply. Current tracking data shows about $810 million worth of RLUSD circulating on the XRP Ledger, compared with roughly $760 million on Ethereum. The milestone reflects continued activity on Ripple’s native blockchain as adoption expands.

Moreover, Japan’s Financial Services Agency approved RLUSD as a new electronic payment instrument under the country’s Payment Services Act. Consequently, SBI VC Trade will offer the stablecoin to institutional and retail customers in Japan. XRP continues trading above the critical $1 level, leaving investors closely watching whether buyers can extend the rebound. According to Ali Martinez, maintaining current support could strengthen recovery efforts. Conversely, losing that level may shift attention toward historically significant demand zones identified through on-chain transaction data.

XRP remains at a decisive technical level as traders weigh macroeconomic uncertainty against strong historical support zones. According to Ali Martinez, price action around the $1 level will likely determine whether XRP extends its recovery, enters consolidation, or declines toward lower accumulation areas.

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